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James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. [4] At the time of his death, Simons' net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. [4]
Despite COVID-19's devastating impact, one legendary stock picker might have just cracked the market code. While the broader market tumbled, investing firm Renaissance Technologies and its founder ...
James Simons, who runs Renaissance Technologies, made $2.5 billion in 2009-- and $1.7 billion in 2006 and $2.5 billion in 2008. Making Big Profits -- at No Risk
In 2003 Simons announced that Brown and Mercer would become executive vice-presidents of the entire firm, co-managing with Simons himself. [24] In 2010 Simons made Brown and Mercer co-CEOS and retired. [25] In November 2017, Mercer announced that he would resign from Renaissance Technologies. [26] Since Mercer's resignation, Brown has been the ...
Magerman spent two decades working for James Simons’s New York-based investment management company Renaissance Technologies, where he developed trading algorithms. [5] In 2017, Magerman publicly opposed the views of his boss, Robert Mercer, concerning politics and race issues in America. Mercer, the co-CEO of Renaissance Technology, suspended ...
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Simons ran Renaissance until his retirement in late 2009. [14] He continued to play a role at the firm as non-executive chairman, which he stepped down from in 2021, [15] and remained invested in its funds, particularly the Medallion fund until his death in 2024. [16] The company is now run by Peter Brown (after Robert Mercer resigned).
Renaissance added 1,004,958 shares of videogame retailer GameStop during the quarter, which had a value of approximately $12.6 million at the end of March, according to a securities filing ...